By Craig Erwin, Ph.D.
Ukrainians are dying. Life is hard for Russians too, but at least most won’t bleed to death in the streets like Ukrainians. This is not a war of the Russian people; it’s Putin’s war. But, even though Putin started it, everyday Ukrainians and Russians will pay the highest price. War is costly and painful, killing the innocent and hurting people everywhere by snarling supply chains and hiking oil prices. As dictators like Putin and Jinping embrace, we will all suffer together as prices rise, cyberattacks are launched, and central banks struggle to tame inflation. Brave political leaders will struggle to stay in power, as voters seek to punish them for making life harder and more expensive in their efforts to stop Putin’s warmongering. War is still hell.
Have you noticed any changes in your life since the Russia-Ukraine war broke out? If so, which changes? Have you lived through other wars? If so, how did the war change your life?
For more information on war, supply chain problems, inflation, and the economy, click on the following links:
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